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Gyaneshwar

Nath

logoRetailpreneur

logo Basti, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img

Gyaneshwar

Nath

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Gyaneshwar to stock up his retail store with more inventories.

logoRetailpreneur

logo Basti, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,233.41 is
the current outstanding balance

100 0 0 16767 0 0

100%

0%

0%


Gyaneshwar Nath is a retail store owner, operating in the district of Basti in Uttar Pradesh. He sells groceries, and snacks, toiletries, and other household items on a day-to-day basis. His long-term dream is to make his business profitable and well-established. Although he has been making a steady profit over the years, he is hoping to scale up his business and needs a loan to purchase inventory and make his store more profitable. Invest in Gyaneshwar and support his retail store business!

I wish to scale up my business and make it more profitable.

About Gyaneshwar Nath's livelihood

Gyaneshwar is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Gyaneshwar will potentially obtain employment for 364 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Retail store

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0